Calculate the NAV of this mutual fund containing 4 stocks:

		Number of shares		Price		Value of the
		the fund owns		per share		Fund's holding
a		375,000		39.19		$ 14,696,250.00
b		510,600		79.89		$ 40,791,834.00
c		819,000		47.76		$ 39,115,440.00
d		402,133		532.07		$ 213,962,905.31

fund shares = 7843254.958 fund liabilities = 405,000

A. what is nav? ((i did the sum of the value of the funds holding column - funds liabilities) / fund shares) and i got $39.29)

b. How many fund shares will be created if net inflows on this day are $1,219,482? (this is what i was confused on)